Eightcap Review 2025: Accounts and Fees to Explore

Eightcap	⭐⭐⭐⭐
Regulations	ASIC, FCA, CYSEC, SCB
Tradable Assets	Forex CFDs, Commodity CFDs, Index CFDs, Share CFDs, Crypto CFDs
Minimum Deposit	$100
Live Accounts	Standard, Raw, and Tradingview
Demo Account	Yes
Account Opening	1 day
Max. Leverage	500:1
Trading Platform	MetaTrader 4, MetaTrader 5, Tradingview
Trading Tools	AI-powered Economic Calendar Capitalise.ai FlashTrader

About Eightcap

Eightcap, a well-established online trading broker, has gained great popularity among retail investors in the middle of its launch. Unlike many other forex brokers, Eightcap is not just a MetaTrader forex broker, it come with focus on Tradingview and automated trading through Capitalise.ai. Eightcap provides a narrow range of trading instruments overall, only 800 CFDs across Forex, commodities, indices, shares, and cryptocurrency derivatives, comparably limited choices for more seasoned traders. Three account types are on offer, no minimum deposit tiers, all starting with $100, and to enhance trading flexibility, a generous leverage of up to 500:1 is provided. Scalping is also allowed on this platform.

Where Eightcap Shines:

• With regulated entities in different jurisdictions, including two tier-1 regulators
• Charge no fees on FX and CFD products
• Offer trading on both MetaTrader 4 and MetaTrader 5, as well as Tradingview
• Generous leverage up to 500:1 to increase trading flexibility
• Unique automated trading tool - Capitalise.ai
• A moderately low minimum deposit required, starting from $100 for all account types, friendly to most regular investors
• Website available in over 10 languages to provide localized communication services
• AI-Powered Economic Calendar provided
• Free demo accounts for MetaTrader 4 and MetaTrader 5 trading platform, with unlimited amount of virtual funds
• Localized payment services for various regions

Where Eightcap Falls Short:

• CFDs products are not in a great variety and amount compared to other forex brokers
• No Islamic accounts available for Muslim traders
• Limited leverage in some areas

Is Eightcap Legit?

Eightcap has four entities operated under different jurisdictions:

EIGHTCAP PTY LTD, its entity in Australia, is regulated by ASIC, and holds a Market Maker license with license number 000391441;

Eightcap Group Ltd, its entity in the UK, is regulated by FCA, holds an STP license with license number 921296;

Eightcap EU Ltd, its entity in Europe, is regulated by the CYSEC, holds an STP license with license number 246/14;

Eightcap Global Limited, its entity in the Bahamas islands, holds a Retail forex License, with license number SIA-F220.

Regulated Country	Regulatory Authority	Regulated Entity	License Type	License Number	Regulatory Status
	ASIC	EIGHTCAP PTY LTD	Market Maker (MM)	000391441
	FCA	Eightcap Group Ltd	Straight Through Processing(STP)	921296
	CYSEC	Eightcap EU Ltd	Straight Through Processing(STP)	246/14
	SCB	Eightcap Global Limited	Retail Forex License	SIA-F220

Eightcap Accounts

Eightcap offers three account types: Standard, Raw and Tradingview, all with a minimum deposit of $100 and a minimum/maximum trade size of 0.01 lots to 100 lots. All accounts also share the same margin call level of 80% and a stop-out level of 50%, and allow scalping. Base currencies available include: AUD, USD, EUR, GBP, NZD, CAD, and SGD. The key differentiators lie in pricing and available instruments. Standard and Tradingview accounts employ a zero-commission model, only spreads calculated, starting from 1.0 pips. The Raw account, frequently chosen by more experienced traders, offers quite low spreads plus some commissions. Though Eightcap's account offerings are classified as beginners-match and experienced trader-match, it does not offer more tired options more types of investors, for example, micro accounts for traders with tiny budgets, islamic accounts for Mulism traders, all missing.

How to open an account with Eightcap?

To open a live account on the Eightcap is not complex, and the whole process takes around 1 day.

Step 1: Provode Personal Information. Go to the Eightcap website and click on the “Create Account” button, usually found in the top right corner or prominently displayed on the homepage. Then you'll be asked to provide personal details such as your name, email address, phone number, and country of residence. You'll also need to create a password for your account.

Step 2:Verify your Email Address. Eightcap will send a verification email to the address you provided. Click on the link in the email to confirm your address and proceed with the application.

Step 3: Choose Your Account Type and Trading Platform. Eightcap offers different account types, such as Standard and Raw accounts, each with its own pricing structure. Choose the one that best suits your trading style and preferences. Select your preferred trading platform: MT4, MT5, or TradingView.

Step 4: Provide Identification Documents: to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, you'll need to provide proof of identity and proof of address. This usually involves uploading copies of your passport or driver's license and a utility bill or bank statement.

Step 5. Fund Your Account: Once your account is verified, you can deposit funds using one of the available payment methods, such as credit/debit cards, bank transfers, or e-wallets.

Step 6: Start Trading: After your deposit is processed, you can log in to your trading platform using the credentials provided by Eightcap and start trading.

Eightcap Demo Account

Eightcap, like many forex brokers, offers free demo accounts for traders to practice on the platform. These accounts come pre-loaded with unlimited amount in virtual funds (you can change to any amount) and typically, the account duration is 30 days, but traders can request an extension by contacting Eightcap's customer support. Eightcap also allows users to open multiple demo accounts, which can be useful for personalized practice.

Broker
Account Duration	30 Days	No time limit	12 Weeks	30 Days	No duration ( as long as it is active)
Amount of Virtual Funds	Unlimited	$100,000	£10,000	$50,000	$1,000
Unlimited	No	No	No	Yes	No

This comparison suggests that Eightcap's demo account features, particularly its unlimited virtual funds offered, allowing newcommers to have the opportunity to trade large in its demo trading environment.

How to open a demo account in MetaTrader 4?

Opening a demo account on the Eightcap platform is quick and easy. Simply follow these two steps to get started.

Step 1: On the Eightcap homepage, click “Try a demo.” The following page will prompt you to provide some personal details, including your country of residence, name, email address, password, preferred trading platform (MT4, MT5, or TradingView), and account currency.

Step 2: Once upon completing these information, you demo account can be created successfully, and you can use demo account on MT4, MT5 or Tradingview.

You can change the balance at any amount you wish to trade with.

Opening a demo account on the MT4 trading platform involves a few steps. Here's a guide to walk you through the process.

Step 1: In the MT4 platform, go to the “File” menu and select “Open an Account.”

Step 2: Alternatively, you can right-click within the Navigator window and select “Open an Account” from the context menu.

Step 3: A new window will open displaying a list of trading servers. Select the appropriate server: “Eightcap-Real” for live accounts or “Eightcap-Demo” for demo accounts.

Step 4: If the Eightcap server isn't listed, click “Add New Broker” and search for “Eightcap.” Press Enter or click “Scan.” Once found, select it and click “Next.”

Step 5: In the next window, ensure “New demo account” is selected before clicking “Next.”

Step 6:

Complete the form with your name, email address, and phone number. Select your desired account parameters from the drop-down menus. You can choose a deposit amount between $3,000 and $5,000,000, and leverage from 1:25 to 1:500. Both Standard and Raw accounts are available in AUD, USD, EUR, and NZD. For MT5 demo accounts, GBP is also available (as it is for all live accounts). Please note that MT5 demo accounts are currently non-tradeable and only display price feeds and charts. Finally, ensure the “I agree to subscribe to your newsletters” checkbox is selected (or deselected, depending on your preference) before clicking “Next.”

Your new demo account credentials will be automatically generated. Be sure to save them securely, as they are for your access only.

Step 7: After clicking “Finish,” you'll hear an alert confirming your login to the new account. A welcome message introducing the platform will be in the “Mailbox” tab of the “Terminal” window. Your demo account will be visible in the “Navigator” window, along with any other trading accounts you've opened on the platform. You can easily switch between these accounts.

Step 8: Your demo account balance is displayed under the “Trade” tab.

Overall, opening a demo account on Eightcap is relatively straightforward and doesn't take long. However, the process could be somewhat complex for beginners. Simplifying the demo account creation process would likely improve the demo trading experience for new users.

Eightcap Review on Fees

Eightcap boasts that it features a competitive fee structures, mainly with the Raw account where spreads start from 0.0 pips, coming with a commission of $3.5 each side. The Standard and Tradingview account are built on a zero-commission model, both with minimum spreads starting from 1.0 pips. Furthermore, spreads on the eurusd pair are quite attractive in its demo trading environment, even as low as 0.0 pips sometimes. I also opened a Standard account to test its real spreads, and generally the spreads on major pairs from 0.6 pips to 1 pips, in line with the industry level.

Eightcap does not charge internal fees on deposit or withdrawal, a shining point. Furthermore, they don't impose inactivity fees, which means that you won't be charged for not using your accounts for a long period of time. However, Eightcap does apply to high conversion fees.

Is Eightcap good for beginners?

Yes, Eightcap can be an ideal choice for beginners. First, Eightcap offers access to popular MetaTrader platform suite - MetaTrader 4 & MetaTrader 5, particularly TradingView, quite friendly to beginners.

Besides, the free demo account provided also remain a big advantage, giving beginners a risk-free trading opportunity. Its unique automated trading solution-Capitalise.ai, also enhances trading experience. Eightcap trading fees can be competitive for beginners. Most importantly, eightcap is fully regulated, operating legally in Multiple jurisdictions, thus beginners can be more assured when trading on this platform.